Series B funding

Embotech has secured CHF 23.5 M in Series B funding to revolutionize logistics automation in Europe and beyond.

📣 Breaking News ‼️

Embotech has secured CHF 23.5 M in Series B funding to revolutionize logistics automation in Europe and beyond!💸📈

What you need to know:
•      Scaling our Autonomous Vehicle Marshalling (AVM) and Autonomous Terminal Tractor (ATT) solutions globally 🚘 ⛟
•      Landmark contracts with industry leaders, including a 10-year deal with BMW for our AVM solution & a high-profile deal with a leading European port for our ATT solution
•      Empowering industrial logistics to transition towards a safer, more efficient, and sustainable future.

Hear from some of our esteemed investors:
“Embotech impressed us with their unique, highly adaptable autonomous logistics solution,” says Dr. Axel Krieger, Partner at Yttrium. “The company tackles the global logistics challenge for both commercial and passenger vehicles. With a strong orderbook as well as proven industry partnerships, Embotech is uniquely positioned to lead the market. An investment that aligns perfectly with Yttrium’s goal to empower tomorrow’s B2B technology champions."

Hear from our CEO, Andreas Kyrtatos “We are thrilled to announce the successful completion of our Series B funding round, a testament to the growing confidence in Embotech's mission to revolutionize logistics automation. This investment brings an incredible group of new investors on board. It enables us to expand our global presence and deliver leading-edge technology, empowering industrial logistics to transition towards a safer, more efficient, and sustainable future.”

Be Part of Our Logistics Automation Journey!

https://www.globenewswire.com/news-release/2024/12/12/2996120/0/en/Embotech-Receives-CHF-23-5-M-in-Funding-to-Expand-Autonomous-Driving-Solutions-for-Logistics-in-Europe-and-Beyond.html